The History of the World Podcast, written and presented by Chris Hasler.

Welcome to the History of the World Podcast magazine. Oh, you know. Hello everyone a warm welcome to the history of the World Podcast magazine.

Now I know some of you will have been waiting for a few days for this one to come out, expecting

it maybe a few days ago, but don't worry, this is just my opportunity to publish something before this weekend where we'll be traveling back to ancient Japan

So you can expect another episode in just a couple of days so don't worry but this

episode is really just to replace the missing episode from the weekend just gone

so we're going to go back in history as we usually do during the magazine

episodes and revisit some of the subjects that we have been talking about in

the History of the World Podcast in years gone by. Now our first journey back in time will take us back to

last year when we were talking about the colony of New Netherland and in this episode we talked about how Europeans

first started settling the great city of New York so let's go back to the 17th century and hear about that

story at the beginning of the 17th century global exploration was a major political

activity for the wealthiest European nations who were encouraging enterprise in order to bring the riches of newly discovered

lands back to their own nations.

The Dutch were happy to let their wealthiest entrepreneurs

take advantage of the opportunities to fund their own

private ventures and so private companies were set up in order to

organize the investments and distribute it effectively.

The company favoured by the Dutch government was the Dutch East India Company, which was granted a monopoly on Asian trade activity.

And so private investors would be invited to buy shares in the company in what was quite an unprecedented business practice at the time.

The company became so powerful as a consequence that it developed the political power of a nation in its own right.

For the Dutch East India Company, one of the most important strategies

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